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Oddor Meanchey forestry police let rosewood shipment go

Forestry police let a vehicle with a half cubic meter of rosewood go Wednesday after border soldiers stopped it in Ou Svay commune in Tropang Prosat district. The vehicle belonged to Rath Sambo, a police officer at the Ministry of Interior who fled the scene, sources ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MGM0N2I5MGY4ZDdhMmRiOTQ0MmYyZWMzNzkxOWVh

PAL seeks CAB green light for flights to Turkey, Kuwait, Cambodia

Flag carrier Philippine Airlines is eying flights to Kuwait, Turkey, and Cambodia starting next year amid its refleeting and expansion program, the Civil Aeronautics Board said Wednesday. PAL has filed petitions with the industry regulator for flights to Istanbul in Turkey, Phnom Penh in Cambodia, and ...

http://www.gmanetwork.com/news/story/286103/economy/companies/pal-seeks-cab-green-light-for-flights-to-turkey-kuwait-cambodia

Cambodia releases 600,000 fry, shrimps to observe 10th National Fish Day

At least 500,000 baby fish and 100,000 young shrimps had been released into a reservoir in the Eastern part of Cambodia on Sunday to mark the 10th National Fish Day. Annual event is aimed at encouraging people to actively join forces to preserve fish species ...

http://news.xinhuanet.com/english/business/2012-07/01/c_131687674.htm

Tiger goes terminal, and adds India and Cambodia cities

Tiger Airways reverses its ‘terminal’ thinking at long last in Singapore, and adds new cities in Cambodia and India. .. Tiger Airways is adding Hyderabad, India (tomorrow) and Phnom Penh, Cambodia (next Monday) to its reach only days after shifting up market into Singapore’s main terminal ...

http://blogs.crikey.com.au/planetalking/2012/09/27/tiger-goes-terminal-and-adds-india-and-cambodia-cities/

Manulife pays out to family over Everest climber’s death

Life insurance company Manulife has compensated its first client since it began operations in Cambodia in June this year, a company official said. Robert J Elliott, CEO and general manager, told the Post yesterday that Manulife disbursed its first claim to the beneficiaries of its client, ...

http://www.phnompenhpost.com/index.php/2012110959665/Business/manulife-pays-out-to-family-over-everest-climbers-death.html

Houses bulldozed because of land

Sihanoukville authorities bulldozed homes in the Steung Hav district on Tuesday following a verdict made by Sihanoukville Provincial Court. In the demolition, authorities had used about 100 police officers and several machines to bulldoze around 18 houses. The land had been a topic of ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTI4Y2VjMzgyMmZ

Agreement reached at Thai seafood factory

A conclusive settlement has been reached in the long-running dispute between a Thai seafood factory and its Cambodian employees, Cambodian ambassador to Thailand You Ay said yesterday. Rights groups and workers at the Phatthana Seafood factory in Thailand’s Songkhla province, which employs 1,050 Cambodians, have accused ...

http://www.phnompenhpost.com/index.php/2012051756221/National-news/agreement-reached-at-thai-seafood-factory.html

Six Charged for Making Illegal Fishing Reservoirs

The Phnom Penh Municipal Court on Thursday charged six people, including a provincial director of water resources and a commune chief, for their involvement in creating illegal fishing reservoirs in Kompong Thom province. “They were charged with clearing a flooded forest for encroachment and illegally constructing ...

Cheap Cambodian sand reaches city

The scarcity of sand in the city has forced construction companies to import sand mined from the Mekong River in Cambodia. A consignment of sand from Cambodia has already reached the city. More consignments are likely. The importers are likely to use the sand for ...

http://www.thehindu.com/news/cities/chennai/cheap-cambodian-sand-reaches-city/article4082209.ece

Expat financial service launched

An offshore financial services provider aiming to cater to expatriates in Cambodia hopes to tap into a market that has had its share of fly-by-night operators. Tag Wealth International, a subsidiary of the Australia-based Tag Group, began operations last month, offering advice in areas such as ...

http://www.phnompenhpost.com/2013022261556/Business/expat-financial-service-launched.html

Second can factory will cater to locals’ thirst

Crown Holdings, a metal packaging company, said this week it would build a second factory in Cambodia to keep up with the Kingdom’s growing beer industry. The Sihanoukville factory, which is expected to produce 725 million aluminium cans a year, will be begin operating in the ...

http://www.phnompenhpost.com/index.php/2012051856231/Business/second-can-factory-will-cater-to-locals-thirst.html

Cambodia's inflation lower than 3 pct this year: PM

Cambodia’s inflation rate is expected to be less than 3 percent in 2012 thanks to stable food prices, Prime Minister Hun Sen said Friday. “This year, the inflation will be less than 3 percent, it is low and good if compared to 5.5 percent rate last ...

http://news.xinhuanet.com/english/business/2012-11/30/c_132010698.htm

Cambodia’s tax revenue still on rise

In the first nine months of the year, Cambodia’s tax revenue increased more than 17.3 per cent from the corresponding period in 2012, data from the General Department of Taxation show. Total tax revenue rose to $678.1 million from $578 million. ...

May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-tax-revenue-still-rise

Cambodia to conduct live fire drill

Cambodia will conduct a live fire drill from Dec. 27-31 in order to strengthen capacity for the Royal Cambodian Armed Forces in defending territory integrity, Defense Minister Gen. Tea Banh said Thursday. “The exercise is to test our new weapons,” he told reporters. “It is also ...

The Global Times News Staff
http://www.globaltimes.cn/content/834458.shtml#.UrzgSdIW2ls

Cambodia’s SMEs Increase

Small and Medium enterprises (SMEs) in Cambodia have so far seen an increase, reaching the number of around 560,000. However, this sector does not grow with reliability and the capacity in business operation does not go to international market standard or standardization of free market. ...

Thou Poeu
http://www.akp.gov.kh/?p=36091

Lucky supermarket opens three more branches

Amid growing urbanisation, Lucky Supermarket opened three more branches in Phnom Penh’s suburbs over the weekend, targeting a new consumer base living around the city. With the additional branches, Lucky now counts 10 outlets in Phnom Penh, including one mini-mart at Koh Pich. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lucky-supermarket-opens-three-more-branches

Malaysian company selling its local bank

Malaysian financial services group Hwang-DBS Bhd is selling its eponymous bank in Cambodia for $40 million, the company has announced on the Bursa Malaysia. The sale is to Phillip MFIs Pte Ltd, a member of the Singapore-based PhillipCapital Group. PhillipCapital has an existing presence in ...

Daniel de Carteret
http://www.phnompenhpost.com/business/malaysian-company-selling-its-local-bank

Sanctuary ‘protected’

More than 2,000 hectares of the decimated Lumphat Wildlife Sanctuary in Ratanakkiri province have been classified by the Ministry of Environment (MOE) as the sanctuary’s first community protected area. Surrounded by three economic land concessions in Kon Mom district, the protected area is populated by a ...

Phak Seangly and Amelia Woodside
http://www.phnompenhpost.com/national/sanctuary-%E2%80%98protected%E2%80%99

ILO reports improved factories from December to February

A small set of Cambodian factories being monitored by the International Labor Organization have showed some signs of improvement, according to a recent report. The ILO’s Better Factories initiative monitors 51 facilities. In a new report, the ILO says 30 of those factories showed signs of ...

Suy Heimkhemra
http://www.voacambodia.com/content/ilo-reports-improved-factories-from-december-to-february/1873027.html

Cambodia launches new 50,000-riel banknote to celebrate king's birthday

The National Bank of Cambodia on Tuesday officially issued a new 50,000-riel banknote (in equivalent to 12.5 U.S. dollars) in order to mark King Norodom Sihamoni’s 61st birthday, which falls on May 14. A sub-decree on the issuance of the new banknote was endorsed by ...

Asean-China-Center
http://www.asean-china-center.org/english/2014-05/07/c_133316546.htm

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